Everest Group

MARCH 17, 2023

Managing General Agents (MGAs) and wholesalers are becoming increasingly relevant in the insurance ecosystem due to the unique advantages they have over brokers/agents. As insurance intermediaries that represent carriers, MGAs provide insurance products to retail agencies and insureds. Read on to learn more.

Insurance 52

Insurance Robotics Process Automation Risk Management Risk Management 52

Everest Group

NOVEMBER 28, 2023

The Managing General Agent (MGA) sector is a bright spot in a turbulent insurance market. Technology investments and strategic partnerships will be key to redefining risk and driving innovation for these specialized insurance agents/brokers. The data provides a compelling sense that MGAs have a bright future ahead.

Insurance 59

Insurance Service Co-Sourcing Analytics 59

Perficient Digital Transformation

OCTOBER 24, 2024

As noted at the time by the OCC, advances in computing capacity, increased data availability, and improvements in analytical techniques have significantly expanded opportunities for banks to leverage AI for risk management and operational purposes.

Regulations 52

Regulations Service Banking Cybersecurity 52

Metasource

SEPTEMBER 5, 2024

There are many innovative solutions designed to streamline operations and enhance efficiency, but they’re not all created equal. Financial Risk Management : AI-driven intelligent decision support systems provide robust tools for better financial risk management.

Automation 52

Automation Robotics Process Automation Data Entry Healthcare 52

Paysquare

AUGUST 7, 2023

Overall, outsourcing accounts is significant as it enables businesses to streamline operations, reduce costs, access specialized skills and maintain compliance with accounting standards and regulations. Implement risk management strategies like contingency plans, disaster recovery protocols, and insurance coverage.

Accounting 52

Accounting Outsourcing Collaborations Out-Tasking 52

Obobo

MARCH 19, 2023

key Takeaway: Effective contract management is a critical aspect of procurement that facilitates successful partnerships with suppliers, compliance with legal requirements, and risk management. Enhanced Risk Management: Effective contract management can help businesses mitigate risks associated with third-party relationships.

Management 40

Management Reduced Costs Risk Management Risk Management 40

Everest Group

NOVEMBER 21, 2024

How Agentic AI is Transforming Insurance In the insurance industry, where efficient customer service, precise risk management, and timely claims processing are critical, Agentic AI holds immense promise. The agents can execute tasks in their entirety through natural language-based inputs.

Insurance 52

Insurance Out-Tasking Streamline Operations Automation 52